Tuesday, July 3, 2012

MCX Commodity Tips and Trend For Today

Apart from gold and natual gas all commodities are trading at the green level at the moment today. Silver was up by 0.34 per cent, Copper was up and trading at 428 levels, Crude is also looking to recover from its previous loss and trading at 4706 levels up by 1.5 per cent.

MCX Commodity Trend For Today
  • MCX Gold is looking consolidate. Buy is suggest on lower levels
  • MCX Silver is looking consolidate to positive, Buy is suggested on lower levels
  • MCX Crude is bullish at the moment. Make a fresh buying position in MCX Crude.
  • MCX Copper is also trading with uptrend. Buy Copper at lower levels.

MCX Commodity Tips For Today
  • MCX Gold Aug: Buy Around 29600-29625, Stop loss of 29550, Target:  29700-29750 
  • MCX Silver sept: Buy Above 52550, Stop loss 52200 with a Target of 52950-53300
  • MCX Crude july: Buy Around 4710 put a stop loss at 4670, Target at 4750-4775